F.A. Hayek, from The Constitution of Liberty: The current situation has greatly altered the task of the defender of liberty and made it much more difficult.  So long as the danger came from socialism of the frankly collectivist kind, it was possible to argue that the tenets of the socialists were simply false: that socialism would not achieve what the socialists wanted and that it would produce other consequences which … Continue reading Thought for the Day: Hayek’s Warning